Find standard deviation for claim size for class of accident
An actuary determines that the claim size for a certain class of accidents is a random variable, X, with moment generating function
MX(t) =1/(1 - 2500t)4
Determine the standard deviation for the claim size for this class of accidents.
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An actuary determines that the claim size for a certain class of accidents is a random variable, X, with moment generating function. Determine the standard deviation for the claim size for this class of accidents.
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